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Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

March 22, 2024

Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently stressed that crypto assets are not…

Coinbase to Provide Key Infrastructure for Blackrock's Tokenized Investment Fund

March 21, 2024

Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are…

Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project

March 21, 2024

A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which…

SEC Requests More Funding to Regulate Crypto Sector

March 21, 2024

The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler stressed. “As the cop on the beat, we must be able to meet the match of bad actors.” SEC Seeks More Funding to…

Salvadoran Press Raises Doubts on Piggy Bank Funds' Ownership: 80% of BTC Came From Bitfinex

March 20, 2024

Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the…

Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a 'Psychological Shift'

March 20, 2024

Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started…

Court Orders Binance to Hand Over 'Comprehensive' User Data to Nigerian Authorities

March 20, 2024

A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance platform. Binance Violates Nigerian Anti-Money Laundering Laws In a fresh development in the ongoing…

Dogecoin and Shiba Inu Pumping Again as Dogecoin20 ICO Nears 2M – Sponsored Bitcoin News

March 19, 2024

The original meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) are enjoying a rebound, with both cryptos rising over 10% since yesterday. This bullish price action has caught the interest of retail investors and suggests that the meme coin hype cycle is far from…

Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry – Regulation Bitcoin News

March 19, 2024

The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations for crypto companies to deliver…

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year – Markets and Prices Bitcoin News

March 19, 2024

Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared his bitcoin…